$399,000
1541 W La Salle Street Tampa, FL 33607
For Sale MLS# TB8511110
2 beds 1 baths 775 sq ft Single Family
Details for 1541 W La Salle Street
MLS# TB8511110
Description for 1541 W La Salle Street, Tampa, FL, 33607
One or more photo(s) has been virtually staged. North Hyde Park gem — collect income today while planning your future development opportunity. Situated on a prime 50x95 lot with convenient alley access in the heart of North Hyde Park, this property offers a rare combination of immediate cash flow and long-term upside. The property was rezoned from IG (Industrial General) to RM-24 (Residential Multi-Family), with rezoning approved by the City of Tampa in December 2025, creating future residential development potential subject to permitting and approval requirements. For illustrative purposes, the seller has partnered with Domain Homes to showcase a potential duplex concept: the “Sandhill” floor plan, featuring two units, each with 4 bedrooms, 4 bathrooms, and approximately 1,993 square feet. Floor plans and renderings are included in the listing photos. The current starting base price for the Sandhill model is approximately $619,800, exclusive of full site-specific development costs. Buyers interested in this concept should contact Domain Homes directly for a complete property evaluation and project estimate. Comparable new-construction townhome product from the builder is currently being marketed in the mid-$700s per side. Based on current builder pricing and comparable product positioning, a completed two-unit duplex project could represent approximately $1.5M in potential total market value. Buyers are not required to use Domain Homes and may explore alternative builders, floor plans, and development concepts subject to their own due diligence and approvals. Adding to the appeal, a charming 2-bedroom, 1-bathroom home of approximately 841 square feet currently sits on the property and is occupied by a reliable tenant paying $1,300 per month who is willing to remain in place while future development plans are pursued — providing immediate income from day one. The existing home has been updated with a brand-new HVAC system, a new water heater, fresh interior paint, and new carpeting throughout. Inside, the spacious living room showcases striking, angled high ceilings that create an open, airy feel. Outside, enjoy a large fully fenced backyard with white vinyl fencing and no rear neighbors thanks to the I-275 buffer behind the property. Location is everything, and this property delivers. Just minutes from Armature Works, the Tampa Riverwalk, Curtis Hixon Park, Julian B. Lane Riverfront Park, downtown Tampa dining, nightlife, and entertainment. Zoned for the highly sought-after Plant High School district. Whether you are an investor seeking a cash-flowing hold with future upside or a builder looking for your next North Hyde Park project, 1541 W La Salle presents a compelling opportunity in one of Tampa’s most rapidly evolving areas. Buyer to independently verify zoning, development potential, permitting requirements, construction costs, dimensions, and future resale values. Domain photos for a house that could be built on this lot, photos provided by Domain Homes
Listing Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 2
Bathrooms: 1
Lot Size: 0.11 Acres
Square Feet: 775 sq ft
Year Built: 1959
Stories: 1 Story
Construction: Wood Frame
Subdivision: Collins Philip 2nd Add
Foundation: Slab
County: Hillsborough
School Information
High: Plant-Hb
Room Information
Main Floor
Primary Bedroom: 12x12
Kitchen: 11x11
Living Room: 15x15
Bathrooms
Full Baths: 1
Additonal Room Information
Laundry: Laundry Room
Interior Features
Appliances: Refrigerator, Cooktop, Microwave
Flooring: Carpet
Additional Interior Features: Ceiling Fan(s)
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,High Speed Internet Available
Cooling: Central Air, Ceiling Fan(s)
Heating: Central
Exterior / Lot Features
Roof: Shingle
Lot View: City
Lot Dimensions: 50x95
Fencing: Vinyl
Additional Exterior/Lot Features: Other
Driving Directions
From I-275: Take Exit 42 toward Armenia Ave/Howard Ave. Merge onto N Armenia Ave heading south. Turn left onto W La Salle St. Property will be on the right-hand side. Look for 1541.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: A-14-29-18-4PO-000002-00014.0
Tax Amount: 4118.26
Tax Year: 2024
A broker reciprocity listing courtesy: RED SASH REALTY LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1541 W La Salle Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1541 W La Salle Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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